Job Description
The Financial Manager will be responsible for overseeing and managing the financial operations of the Company. This role involves planning, directing, and coordinating financial activities to ensure the efficient use of resources, accurate financial reporting, and compliance with regulations. The Financial Manager will play a key role in strategic decision-making, financial analysis, budgeting, and forecasting, and providing guidance to senior management on financial matters
Main Duties & Responsibilities
• Develop and implement financial strategies, policies, and procedures to support the Company’s goals and objectives.
• Prepare and analyze financial reports, including budget vs. actual analysis, financial statements, cash flow projections, and variance analysis, providing insights and recommendations to senior management.
• Oversee the budgeting process, working closely with department heads to develop accurate and realistic budgets, and monitor budget performance throughout the year.
• Coordinate and lead the financial planning and forecasting processes, collaborating with cross-functional teams to ensure alignment and accuracy.
• Manage and optimize cash flow, including monitoring receivables, payables, and working capital, and implementing strategies to improve cash flow management.
• Conduct financial analysis to evaluate the financial performance of the organization, identify trends, risks, and opportunities, and provide recommendations for improvement.
• Ensure compliance with financial regulations and reporting requirements, including tax laws, GAAP/IFRS, and other relevant standards.
• Oversee and manage financial audits, liaise with external auditors, provide the necessary documentation, and address audit findings.
• Develop and maintain strong relationships with financial institutions, lenders, and other stakeholders to secure financing, manage debt, and optimize banking relationships.
• Provide financial leadership and guidance to the finance team, including mentoring, training, and performance management of staff.
• Collaborate with internal stakeholders, such as senior management, department heads, and cross-functional teams, to provide financial insights and support strategic decision-making.
• Identify and implement process improvements to enhance financial efficiency, accuracy, and effectiveness.
• Stay updated on industry trends, best practices, and regulatory changes related to finance and accounting.
Qualifications, Skills & Experience
• Masters in Finance, Accounting, Business Administration, or a related field.
• CPA (K) or CFA.
• 10 years of proven experience working as a Financial Manager or Finance Manager in a similar senior finance role in a reputable company.
• In-depth knowledge of financial principles, practices, and regulations, including financial reporting standards (GAAP/IFRS) and tax laws.
• Strong analytical skills and ability to interpret complex financial data, conduct financial analysis, and provide strategic insights.
• Experience in budgeting, forecasting, and financial modeling.
• Proficiency in using financial software, ERP systems, and advanced spreadsheet applications.
• Excellent leadership and people management skills, with the ability to motivate and develop a high-performing finance team.
• Strong business acumen and strategic thinking abilities.
• Exceptional communication and interpersonal skills to effectively interact with stakeholders at all levels of the organization.
• Ability to work under pressure, meet deadlines, and manage multiple priorities.
• High ethical standards and commitment to maintaining confidentiality and integrity in handling financial information.
Job Category: accounting auditing cashflow management cost control Finance financial planning Financial reporting risk management
Job Type: Full Time
Job Location:Nairobi City